Similar to other places in this area, it's a lot more expensive compared to the United States as a whole. Compared to the city of Reno however, it's a little less expensive.
Home prices
The median home in Sparks is valued at $301,500. In comparison to nearby areas this is approximately $10,300 (3%) lower.Compared to the country as a whole it is approximately $84,000 (38%) higher, and it is about $33,500 (9%) lower in comparison to the city of Reno.
Rents
In Sparks the median rent is $1,138 per month. This is about $255 (18%) lower compared to other places in this area.It is roughly $76 (7%) higher in comparison to the entire country, and compared to the city of Reno is approximately $109 (10%) higher.
Nearby places
Sun Valley
Sun Valley is Sparks's neighbor to the northwest. Its housing prices are a lot less expensive. The median home in Sun Valley costs $169,000, which works out to $132,500 (78%) lower than Sparks. The rent there is a little less expensive. The median rent in Sun Valley is $1,016 a month, which comes out to $122 (12%) lower than Sparks.
Spanish Springs
Spanish Springs is Sparks's neighbor to the north. Real estate prices there are a bit more expensive. The median home price in Spanish Springs is $378,100, which works out to $76,600 (20%) higher than Sparks. Its rents are significantly more expensive. The median monthly rent in Spanish Springs is $1,710, which comes out to $572 (33%) higher than Sparks.
Lemmon Valley
Lemmon Valley is approximately 9 miles northwest of Sparks. The real estate prices there are a bit less expensive. The median home in Lemmon Valley is valued at $246,600, which is $54,900 (22%) lower than Sparks. Rents there are a bit more expensive. The median monthly rent in Lemmon Valley is $1,293, which is $155 (11%) higher than Sparks.
Verdi
Verdi is approximately 12 miles west of Sparks. Its housing prices are significantly more expensive. The median home price in Verdi is $506,800, which works out to $205,300 (40%) higher than Sparks. Rent there is a little more expensive. Verdi's median rent is $1,491 a month, which is $353 (23%) higher than Sparks.
Cold Springs
Cold Springs is roughly 14 miles northwest of Sparks. Housing prices there are a little less expensive. The cost of the median home in Cold Springs is $258,500, which comes out to $43,000 (16%) lower than Sparks. Rents there are somewhat more expensive. Cold Springs's median rent is $1,453 per month, which comes out to $315 (21%) higher than Sparks.
